US-led losses likely to knock European markets June 6, 2010 THE Dow suffered from its third-worst sell-off of the year on Friday following a disappointing jobs report, and the losses extended after European markets closed. The blue chip US index even closed below the psychologically sensitive level of 10,000, and UK And European markets will feel the follow-on effects of that this morning. GFT is [...]
Smart traders will capitalise on this week’s FTSE reshuffle June 6, 2010 DURING the last month the top football teams in the Coca-Cola Championship have been vying for places in the Premier League. The lucky teams are Newcastle, West Bromwich Albion and Blackpool, replacing Portsmouth, Burnley and Hull City which have lingered at the bottom of football’s top flight. In the same spirit, the FTSE reshuffle is [...]
THE TIPSTER June 6, 2010 THE FTSE 100 index was vacillating around the 5,200 level at the end of last week, eventually closing at 5,126 on Friday. But this is still some 10 per cent below the blue-chip index’s 2010 highs. However, the German Dax 30 index is only 3 per cent off its highs for the year so the [...]
THE WORLD CUP TIPSTER June 6, 2010 WITH the summer’s biggest sporting event kicking off this Friday, football fans will surely be looking to spice it up with some spread bets. So, every Monday throughout the World Cup, City A.M. will be bringing you some top football tips. The start of the competition is usually a nervous stage for any side and [...]
SPREAD BET GURU June 6, 2010 MARKET STRATEGIST josh@cityindex.com Q. Dear Josh, what do last week’s US non-farm payrolls figures suggest for the country’s economic recovery? A. Last week’s non-farm payrolls were a blow to investors who had been hoping for the data to show that the US labour market recovery was gaining strength. Payrolls for May only pointed to growth [...]
Bali high: a health retreat with a view June 6, 2010 FROM the long balcony of my private villa up in the Balinese hills, I can gaze out over the kind of view that feeds the soul. The villa’s perch overlooks a jungle-swathed canyon that rises on the far side to slope upwards to the terraced rice paddies cresting the hills. Mix that with a soundtrack [...]
TRAVEL NOTES June 6, 2010 Portuguese paradise This brand new hotel and spa is a seaside paradise of a different sort than the usual palm tree and white sand type. Surrounded by pine trees, sand dunes and the Atlantic, it offers a wind-blown idyll that combines forest and sea. There are ten luxury suites with terraces and jacuzzis facing the [...]
Fans injured in stadium stampede June 6, 2010 WORLD governing body Fifa last night said it was not to blame after at least 16 people were hurt in a spectator stampede outside a World Cup warm-up match in Johannesburg. In an incident that resurrects concerns over the ability of South Africa to host the sport’s biggest event just days before it begins, fans [...]
Finn stars as England wrap up series win June 6, 2010 MAN of the series Steven Finn snared five wickets as England wrapped up an emphatic victory over Bangladesh – and then insisted he had been the team’s worst bowler. Finn’s haul of 5-42 came as England extinguished the tourists’ second innings for 123 runs inside a single session, having enforced the follow-on at Old Trafford. [...]
Revenge and his fifth title: Nadal takes it all in Paris June 6, 2010 RAFAEL NADAL insists he is not the best clay-court player of all time, despite underlining his utter dominance on the surface by claiming his fifth French Open title in six years. Nadal chalked up his seventh Grand Slam by sweeping past Sweden’s Robin Soderling, the only man ever to beat him at Roland Garros, in [...]